Trade setup for Wednesday

Instrument: Nifty50

Market Structure:

Uptrend / Bullish: Above 26011

Sideways / Rangebound: Between 25888 & 25991

Downtrend / Bearish: Below 25857

Area of Value (AOV):

Camarilla Pivot H3 or CPR break for Uptrend

CPR break for Downtrend

Entry Trigger:

At AOV with any Bullish Candlestick pattern or 20/50 EMA break for Uptrend.

At AOV with any Bearish Candlestick pattern or 20/50 EMA break for Downtrend.

Exit Trigger:

Target:

  • At Camarilla Pivot H3 or Swing High or 20/50EMA break or any Bearish Order Block (or any Bearish break) for Uptrend.
  • At Camarilla Pivot L3 to L4 or PDL or Swing Low or 20/50EMA break or any Bullish Order Block (or any Bullish break) for Downtrend.

Stoploss:

  • 1:2 RR (Risk to Reward ratio) or 1 ATR beyond the AOV or 20/50EMA break for any Market structure.

*Disclaimer: The content provided on KRVFinMart is intended for educational and informational purposes only. We are not licensed financial advisors, investment professionals, or legal experts. By accessing and using our content, you acknowledge that you have read and understood this disclaimer. You agree that KRVFinMart is not liable for any direct or indirect consequences, losses, or damages resulting from your reliance on the information provided on this website/channel.

Related Articles

Responses

Your email address will not be published. Required fields are marked *